Kennedy Black Wealth Management is a pioneering, award-winning independent financial planning and wealth management firm, based in London, established in response to growing changes in the market for regulated financial advice. It is clear that in the past there have been several inherent conflicts of interest within the advisory profession - even among so-called ‘independent’ advisers. Kennedy Black prides itself on going further, putting the client's interests at the heart of everything we do. We go beyond the Code of Ethics required by Chartered Financial Planning firms and voluntarily adhere to the US 'Fiduciary' Standard recently endorsed by President Obama.
At the time of writing, Kennedy Black Wealth Management is one of only 683 Chartered Financial Planning firms across the UK according to the Chartered Insurance Institute.
Professional Associations & Certifications
- Chartered Financial Planners
|City||City of London|
|Address||1 Fore Street|
|Phone Number||020 7125 0224|
Products & Services
With a focus on comprehensive financial planning, Kennedy Black can provide advice on a whole range of saving and investment opportunities. The aim is to ensure that your investments put you on the path to achieving your goals.
Among other things, we have expertise in the following sectors:
National Saving & Investments
Unit Trusts and OEICS
Onshore and Offshore Bonds
Exchange Traded Products
Enterprise Investment Schemes and Seed EIS
Venture Capital Trusts
Kennedy Black can advise, arrange and administer a whole range of pensions, including stakeholder pensions, personal pensions and Self-Invested Personal Pensions (SIPPs) utilising some of the investment expertise laid out in our Savings & Investments section.
Our clients often have questions relating to the Lifetime Allowance and the Annual Allowance. We can help with the calculations and have access to solutions that may be suitable in both circumstances.
Furthermore, we have expertise in Qualified Recognised Overseas Pension Schemes (QROPS) which can be interesting for UK nationals looking to move abroad or foreign nationals based in the UK who have built a pension pot over here and are thinking of moving back home.
Kennedy Black offers whole-of-market mortgage advice for our existing clients. We can advise on mortgages for prime residences as well as buy-to-let and other sectors, including non-prime and overseas mortgages (holiday homes etc) .
With considerable purchasing power through pi financial and its affiliates, Kennedy Black has access to exclusive deals not available directly to consumers.
Financial protection is often overlooked and yet is an important part of providing financial security to you and your family in the event of something unexpected happening.
From Our Website
We are independently owned, so there is no underlying agenda. We have no products of our own on which to advise. We shun the latest investment ‘fads' and will ignore products that have attractive sales pitches but won't be good for our clients in the long run. We like to think we are refreshingly different - that our client relationships are all about trusted and valued advice, never about sales. Our job is to ensure the long-term success of our clients. That's much more valuable to us than a quick sale.
We aim to do as much as we can for our clients, so that they can spend their most valuable resource, time, on the things that really matter. And perhaps, most importantly, we offer a single point of contact on all the above, giving you peace of mind that everything is being taken care of, and the big picture overview whenever you need it. Once we have identified where you're heading, the next part of the process is to ask: "How much money would I need today to afford the lifestyle I want for the rest of your life without the fear of running out of money?"
The Chartered Insurance Institute (CII) has recently introduced a new Pension Transfer Gold Standard, to help ensure the highest-quality advice for clients considering whether to transfer out of a final salary. In what we believe is a first for a UK-based financial planning firm, Kennedy Black Wealth Management is delighted to announce that it is now carbon neutral and zero single-use plastic. We recently intro. We monitor financial markets on an ongoing basis, and one of the tasks we undertake regularly is to compare the performance of our client's portfolios against a variety of benchmarks.
Much like peeling an onion, financial services can make one's eyes water. Particularly when it comes to costs, which have traditionally been buried under layer upon layer. Thankfully, the onion that is financial services in the UK has already had a number of layers peeled off over the years. Initially, through commission disclosure (‘this is how much we make from you'); then the transition from commission to fees (‘this is what we will charge you for our advice'). The latest layer that has been peeled off has come courtesy of new EU regulations, referred to as ‘MiFID II', which came into force in 2018.
Please find enclosed our hot-off-the-press summary of this afternoon's Budget. As with the Spring Budget before it, and the Autumn Statement before that, this (new) Autumn Budget was another damp squib, in our opinion. HM Treasury still clearly has its mind on more important matters, and there was therefore little in terms of substantive change. On the subject of changes to pension rules, cited in just. As the price of one Bitcoin soared past $7,000 yesterday evening, we thought we should dig out the following article from of the archives (originally posted in December 2013) to maintain some perspective.
Two interesting meetings recently have touched on similar points, and I felt that the answer was important enough to warrant a more detailed explanation on our website. These conversations boiled down to the same two questions: What is advice? And is it worth paying for? Both conversations were with new clients where the starting point was an investment portfolio. And in both cases the conversation moved onto. Welcome to the twentieth edition of the Kennedy Black Quarterly Private Client Newsletter.
Effective home insurance is an important part of protecting your family's finances. We often find clients are under-insured, which means any prudent planning could be undone through events beyond their control. Part of the problem is that online comparison sites primarily focus on price. That means insurers are incentivised to reduce core levels of cover and exclude any extras, in order to keep headline rates low. A relatively sobering conversation recently highlighted the risk of relying on employer-based life assurance (often referred to as "Death-in-Service").
In this edition, we are very proud to announce that Kennedy Black is completely RDR-ready. If you're not aware of what RDR is and why you should care, then we give you a brief explanation. We also touch on some recent developments in the world of personal finance, including. Kennedy Black Wealth Management is pleased to announce that it is ready for the Retail Distribution Review, 420 days early. We are proud that this puts us among the first advisers in the country to be completely prepared. We are strong supporters of RDR, but in case you're not aware of the new rules, here is a quick summary.